NOT LISTED FOR SALE

86 Terra Cotta Way Destin, FL 32541

Estimated Value: $548,000 - $760,000

2 Beds
2 Baths
1,320 Sq Ft
$488/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $415,000 $314 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,978/month

106 Days on Market

Highlights

  • Deeded access to the beach
  • Newly Painted Property
  • Community Pool
  • Destin Elementary School Rated A-
  • Beach House
  • Tennis Courts

About This Home

As of August 2020

Attention Investors! Location, Location, Location....86 Terra Cotta is located just 2 blocks from the private beach access . This adorable beach cottage offers a very spacious open floor plan with lots of windows to allow for natural light. Crown molding and tile throughout.t Back yard is fenced for privacy. This quaint beach cottage would make a great primary residence, second-home, and/or investment property TerraCotta Terrace offers Owners & Guests DEEDED beach access, beach volleyball court, community pool, and club house! Washer/Dryer and Natural Gas House Generator convey with sale.

Last Agent to Sell the Property

GERALD BABIN

A List Beach Realty LLC License #635691 Listed on: 04/01/2020

Last Buyer's Agent

GERALD BABIN

A List Beach Realty LLC License #635691 Listed on: 04/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1994

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 30x98x50x88
  • Cul-De-Sac
  • Back Yard Fenced
  • Property is zoned Resid Multi-Family

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Beach House
  • Newly Painted Property
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Crown Molding
  • Gas Fireplace
  • Dining Area
  • Tile Flooring
  • Hurricane or Storm Shutters
  • Washer

Kitchen

  • Walk-In Pantry
  • Gas Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Deeded access to the beach
  • Gazebo

Schools

  • Destin Elementary School
  • Bruner Middle School
  • Fort Walton Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00-2S-22-2499-0000-0250

Community Details

Overview

  • Association fees include accounting, ground keeping, management
  • Terra Cotta Terrace Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Pavilion

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1994

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 30x98x50x88
  • Road Surface Type: Paved
  • Subdivision Name: TERRA COTTA TERRACE
  • Directions: Hwy 98 to Destin commons. Go south on Hutchinson Street to Scenic 98. Turn left. The Terra Cotta entrance is about one mile. Just past Destiny East. Turn left into Terra Cotta. House will be on your left at the end.
  • Architectural Style: Beach House
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1994
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Rooms:Dining Area: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Machine, Microwave, Refrigerator, Refrigerator W/IceMk, Stove/Oven Gas, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Crwn Molding, Fireplace, Fireplace Gas, Floor Tile, Furnished - None, Newly Painted, Owner's Closet, Pantry, Washer/Dryer Hookup, Wet Bar
  • Interior:WasherDryer Hookup: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Machine: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Appliances:StoveOven Gas: Yes
  • Interior:Newly Painted: Yes
  • Interior:Fireplace Gas: Yes
  • Interior:Wet Bar: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Curb & Gutter, Sidewalk, Within 1/2 Mile to Water
  • Pool Features: Pool Type
  • Construction Type: Frame, Stucco
  • Exterior Features: Fenced Back Yard, Fireplace, Hurricane Shutters, Pavillion/Gazebo
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Cul-De-Sac: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Frame: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Fenced Back Yard: Yes
  • Lot Features:Sidewalk: Yes
  • Exterior:PavillionGazebo: Yes
  • Lot Features:Curb Gutter: Yes
  • Exterior:Fireplace2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Deed Access, Dumpster, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Tennis
  • Association #2 Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Management

Schools

  • Elementary School: Destin
  • High School: Fort Walton Beach
  • Middle Or Junior School: Bruner

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 00-2S-22-2499-0000-0250
  • Zoning: Resid Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1973.83
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 31, 2020
Sold by
Tilley Kathryn W and Hawkins Deborah Tilley
Bought by
Babeni Chafik and Suarez Maria Lourdes
Seller's Agent
GERALD BABIN
A List Beach Realty LLC
Buyer's Agent
GERALD BABIN
A List Beach Realty LLC
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$644,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,079
Avg. Annual Appreciation
9.08%
Original Mortgage
$300,000
Outstanding Balance
$211,721
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$432,358

Purchase Details

Closed on
Jun 15, 2001
Sold by
Macnulty Elizabeth J
Bought by
Tilley Kathryn W and Hawkins Deborah Tilley
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Babeni Chafik $415,000 Mcgill Escrow And Title
Tilley Kathryn W $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babeni Chafik $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $415,000 0.0% $314 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $415,000 -- $314 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,879 $484,062 $240,750 $243,312
2023 $4,879 $462,997 $225,000 $237,997
2022 $4,202 $371,208 $173,004 $198,204
2021 $3,717 $299,355 $149,940 $149,415
2020 $3,415 $272,971 $142,800 $130,171
2019 $1,974 $193,877 $0 $0
2018 $1,954 $190,262 $0 $0
2017 $1,940 $186,349 $0 $0
2016 $1,887 $182,516 $0 $0
2015 $1,914 $181,247 $0 $0
2014 $1,920 $179,809 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 843918

Emerald Coast Association of REALTORS®

APN: 00-2S-22-2499-0000-0250